China'S Rapid Support For Kampuchea Is Short Of Textile Materials.
Since the outbreak of the situation, global supply chain has generally slowed down due to factors such as slow down of logistics and trade restrictions. Especially in Southeast Asia, raw materials such as textiles and electronic products in the region need to be imported from the "world factory" - China. Under the epidemic, China is still actively helping to help Southeast Asian countries reinvigorate the supply chain.
According to Xinhua reported on March 8th, China's relevant departments have taken prompt measures to help Kampuchea solve the problem of shortage of raw materials, and a large number of Chinese raw materials are expected to arrive in Kampuchea this week. It is understood that the China Ocean Shipping Group, Orient Overseas Container Shipping Co., Ltd. and China Foreign Trade Transportation Corporation and other Chinese enterprises will jointly support the Cambodian textile raw materials. On the 9 th of this month, more than 60 containers will first arrive at the relevant ports in Kampuchea.
According to the Kampuchea Textile Association of China Chamber of Commerce, textile and garment processing industry has become one of the pillar industries of the economy in recent years, and 60% of the raw materials in the industry also rely on imports from China. Since the outbreak of the situation, Kampuchea has already felt the shortage of supply in its textile industry, and has recently taken the initiative to seek help from China. The rapid delivery of large quantities of textile raw materials to China is also a response to previous requests from Kampuchea and reflects the close and active trade between China and Cambodia.
It should be noted that in the face of the epidemic, Kampuchea also showed great concern and support to China. Although China's situation has improved substantially recently, Kampuchea continues to donate materials to China. Last week, 300 thousand medical masks donated by Kampuchea and a number of protective clothing have been formally completed to China handover. Despite the Limited supplies, we can see that Kampuchea has done its best. On this basis, China's willingness to transport a number of textile raw materials for its purpose is also reasonable.
The so-called drought drought, waterlogging and death. In fact, recently, due to the obstruction of exports to China, India cotton and other textile raw materials were unsalable, resulting in a sharp decline in their prices. In order to prevent the farmers from being hit by the sluggish sales, India is buying cotton from its own cotton farmers. Although the country has re opened the cotton market for China, India manufacturers have not received a list of buyers from China, and the situation in India is expected to continue for some time.
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